Orlando Magic's Tight Offseason: Navigating Luxury Tax
Orlando Magic News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
The Orlando Magic face a challenging offseason with a payroll of $207.9 million, just $1.1 million under the first apron, limiting trades and signings. The NBA salary cap is projected at $165 million for 2022-23, with the first apron at $209 million and tax line at $211 million. Bancheros max extension and Carters raise are driving the bill. Fans and analysts are critical of the teams injury-plagued season and weak bench. The Magic are limited to the $6.1 million taxpayer mid-level exception for free agency, but trades are their best hope for roster fixes. All eyes are on Jeff Weltman as he navigates tight margins to rebound from the teams struggles.
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